The weekend market is still digesting. Bitcoin and Ethereum have basically stabilized, but whether they can rally upwards in the new week is uncertain; currently, there are no clear signals in the market. Most likely, it will continue to fluctuate within a wide range, with bulls and bears tugging back and forth—prices are neither moving up nor down significantly. Ultimately, it's a battle for control of the chips.
Bitcoin has been consolidating thoroughly throughout the day, with bulls and bears evenly matched. The volatility has been within 500 points, and there are no breakout signals for now. In the short term, once it reaches 90800, resistance will kick in, and the upward momentum has noticeably weakened. For trading, consider opening short positions around 91300, and adding to positions at 93000. Support levels are around 89800 to 90000. If it drops further, watch out for the critical zone between 87200 and 86800.
Ethereum has been oscillating around 3100, with two recent attempts to push higher mostly just bluffing. The previous rebound short strategy has basically played out. You can short at 3120, with support below at 3050 to 3000. If broken, be alert for support at 2930 to 2950.
Weekend advice: don’t hold large positions while sleeping, to avoid missing a potential market turn on Monday. Expect higher volatility on Monday, so be sure to control your positions carefully. Set stop-losses according to your risk tolerance, and most importantly, keep a close eye on the real-time market performance. A new week begins—wish everyone successful trading.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
18 Likes
Reward
18
5
Repost
Share
Comment
0/400
ForkItAll
· 3h ago
Another dull and flat market, it's really outrageous. Can't sleep on Monday, brothers.
View OriginalReply0
CodeSmellHunter
· 22h ago
It's that frustrating tug-of-war again, so annoying. Just wait for Monday to break the deadlock.
View OriginalReply0
UnluckyMiner
· 22h ago
Another tug-of-war like this, when will we finally get some excitement?
View OriginalReply0
GasFeeCrier
· 22h ago
It's that back-and-forth tug-of-war rhythm again, really getting on my nerves.
View OriginalReply0
HorizonHunter
· 23h ago
It's another day of tug-of-war, really can't hold it together anymore.
---
91300 is cleared, let's see if Monday can break the level as hoped.
---
I've seen through this Ethereum bluff from the start; 3120 is just a position for giving away heads.
---
Not closing positions over the weekend and sleeping? That takes a lot of courage. I would definitely clear everything first.
---
In the fight for chips... feels like this market needs to oscillate for a long time before finding a direction.
---
Whether the support can hold at 86,800 is the key; breaking it could tell a different story.
---
I deeply understand controlling positions; otherwise, eating noodles on Monday would be tears.
The weekend market is still digesting. Bitcoin and Ethereum have basically stabilized, but whether they can rally upwards in the new week is uncertain; currently, there are no clear signals in the market. Most likely, it will continue to fluctuate within a wide range, with bulls and bears tugging back and forth—prices are neither moving up nor down significantly. Ultimately, it's a battle for control of the chips.
Bitcoin has been consolidating thoroughly throughout the day, with bulls and bears evenly matched. The volatility has been within 500 points, and there are no breakout signals for now. In the short term, once it reaches 90800, resistance will kick in, and the upward momentum has noticeably weakened. For trading, consider opening short positions around 91300, and adding to positions at 93000. Support levels are around 89800 to 90000. If it drops further, watch out for the critical zone between 87200 and 86800.
Ethereum has been oscillating around 3100, with two recent attempts to push higher mostly just bluffing. The previous rebound short strategy has basically played out. You can short at 3120, with support below at 3050 to 3000. If broken, be alert for support at 2930 to 2950.
Weekend advice: don’t hold large positions while sleeping, to avoid missing a potential market turn on Monday. Expect higher volatility on Monday, so be sure to control your positions carefully. Set stop-losses according to your risk tolerance, and most importantly, keep a close eye on the real-time market performance. A new week begins—wish everyone successful trading.